Bertelsmann pulls plug as market chokes on supply

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Bertelsmann pulls plug as market chokes on supply

Indigestion
Irritated man with overweight wearing glasses and formal clothing having digestive trouble. | pathdoc - stock.adobe.com

German media company Bertelsmann pulled a €500m seven year corporate bond issue on Thursday as the market showed signs of indigestion after what was already one of the busiest weeks of the year for corporate issuance.

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